Talking Horse Racing

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Watch Your Heads! The Scalpers are out in Force

Eight of the most recent 13 horses posted for sale on the private market are yearlings.  Hats on folks!

What's the big deal? Go Nancy Reagan on them and Just Say No. If someone else says yes, victimless crime. Or maybe the horse really comes forward and it's win-win. 

Lonnie has reacted to this post.
Lonnie

It goes against the spirit of the Stable.  Someone who is really interested in a horse loses out on the opportunity to purchase the horse at fair market value.  Not an inflated rate because some people scooped up the shares with only the intention of reselling to make a quick buck.

MaywoodAl has reacted to this post.
MaywoodAl

Lonnie I respect your point, just because a horse is offered at a higher price now if no one accepts the price will drop. Free market. I love the spirit of the stable, made really good friends here. If I bought or sold a horse off one of those friends I always root for the horse to do well. And the stable to do well.

 

I usually buy shares in at least groups of two. And when a horse is training down well or racing well and Anthony in his video(s) gives praise to the horse I will offer the horse at twice what I paid so I get my share free. Trust me, all the shares I buy  a lot of times horses don't train or race well and I sell for less than I bought. I try and play for free, I twist no one's arm to buy at a higher rate or lower rate. And still feel part of the spirit of the Stable you referenced. 

 

Regulation vs. Deregulation, which is the basis for much of the debate in our politics and policies.  I concur with Purple’s free market spirit, but I lobby for some simple regulations.  We have discussed here before several weeks ago that perhaps a minimum hold time on share purchases,  maybe just on yearlings (?), of 1 month.  I don’t necessarily care if the next buyer wants to be overly speculative, to each his/her own, but to Lonnie’s point it might open up initial fair market offerings to more clients and future clients.  I have heard AMac repeatedly say that is a goal of TheStable.  
And Purple, you know I love you brother, but were you thrown off at all when your Wolverines were thrown into the sea of purple at last weekend’s game in Seattle?

I was thrown off when our arrogance didn't go into the portal to find a freaking QB. After six games our leading receiver is a TE with 250yds. After that some guy with 87 yds. They should broadcast our games in black and white. We make Iowa look innovative.  Sad. I'm living in the past this season and cherishing last season. This team will be lucky to even make a bowl. 

You have the best team money can buy. And now that buying championships is legal, let's see if it works.

As far as buying and selling shares goes, I'm not sure how much more AMac can do. Free market has to exist. Couple more regulations, that's fine. The stable is a great time. A lot of horse racing fans like me who want to put a little into the game and have fun along the way. Our community here is pretty cool also. I know there are changes coming to the Stable but I hope the friendship among us doesn't change. 

One more thing. HOW BOUT THOSE TIGERS!!!!!!!!!!!!!!!!!!!!!!!!!

Keep that spirit Purple.  I will keep good thoughts for the Tigers…and  Lions, but that is as far as I will go.

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